MCGEE

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the COMO (GLOYD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 275505District 05Field 19947142CondensateGasSave
Value, all time
$414 k
Nov 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
139
no gaps in the span
Streams
2
condensate, gas

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition6,893 bbl$330,675
GasProduction28,796 Mcf$82,885
Total$413,560

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.9707, -95.4962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.97066, -95.49620 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,175 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,175 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-2233051418,175 ftDec 2014

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (139)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

139 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 2022014108.885.08$71
Feb 202204991.054.86$238
Jan 202208381.844.54$377
Dec 20211437771.323.90$10,499
Nov 202105077.435.24$262
Oct 202103279.795.71$183
Sep 202101569.865.35$80
Aug 202101866.024.22$76
Jul 20211663770.783.98$11,897
Jun 202103469.493.38$115
May 202101863.483.02$54
Apr 202105260.362.76$143
Mar 202104261.302.72$114
Feb 202117116257.805.55$10,783
Jan 202103750.412.81$104
Dec 202008344.642.68$222
Nov 20201704238.772.71$6,705
Oct 202004536.972.48$112
Sep 202006037.091.99$119
Aug 202006739.982.39$160
Jul 20201747938.371.83$6,821
Jun 2020012834.901.69$216
May 202005916.921.81$107
Apr 20201699414.751.80$2,662
Mar 2020011330.341.86$210
Feb 202017112049.881.98$8,767
Jan 2020026457.252.09$553
Dec 2019025559.012.30$588
Nov 2019022555.302.75$619
Oct 2019026053.472.42$629
Sep 2019026355.052.66$699
Aug 201907853.112.30$180
Jul 201917411456.272.46$10,071
Jun 2019010152.782.49$252
May 201908658.482.74$236
Apr 2019018462.632.75$506
Mar 201917022856.803.06$10,354
Feb 2019026350.852.79$734
Jan 2019028946.033.23$933
Dec 2018027046.594.19$1,130
Nov 2018025152.934.24$1,064
Oct 201816524961.443.40$10,984
Sep 2018022359.543.11$693
Aug 2018020459.403.07$626
Jul 201816421565.142.93$11,313
Jun 2018054660.183.08$1,680
May 2018061165.382.90$1,772
Apr 201816654263.842.90$12,170
Mar 2018087761.222.79$2,444
Feb 2018046161.782.77$1,275
Jan 201817647362.874.01$12,962
Dec 2017024957.272.92$727
Nov 2017045355.423.12$1,413
Oct 201716743449.292.98$9,526
Sep 2017032747.523.09$1,010
Aug 201717043345.373.00$9,014
Jul 2017043443.873.09$1,340
Jun 2017039142.493.09$1,207
May 201718040945.373.26$9,501
Apr 2017038347.933.21$1,230
Mar 2017039646.772.98$1,182
Feb 201715535750.452.95$8,874
Jan 2017038849.413.42$1,326
Dec 201616536848.763.72$9,415
Nov 2016029842.492.64$788
Oct 201609246.193.09$284
Sep 201617427641.553.10$8,085
Aug 2016037241.442.92$1,088
Jul 201607741.622.92$225
Jun 201617736045.352.69$8,994
May 201617037242.521.99$7,969
Apr 2016010136.561.99$201
Mar 201618144433.011.79$6,771
Feb 201617251526.472.06$5,616
Jan 2016097327.352.36$2,301
Dec 201517562232.362.00$6,908
Nov 201518057138.792.17$8,220
Oct 201517169243.552.43$9,126
Sep 2015036742.992.76$1,012
Aug 201534862740.162.87$15,777
Jul 201517976948.152.95$10,884
Jun 201517983156.152.88$12,447
May 201535099555.212.96$22,264
Apr 20155381,15249.822.71$29,921
Mar 201501,74042.892.93$5,106
Feb 201535496044.662.98$18,667
Jan 20153541,19843.433.10$19,089
Dec 201417410054.693.59$9,875
Nov 2014112870.464.25$615

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Mar 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $108.88 =         $0
Gas                   14 Mcf  × $  5.08 =        $71

────────────────────────────────────────────────────
Month total                                      $71

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 05/G/275505 is the state's own key, not one this site invented.